21 minutes ago US economy ‘motoring along’ with 2.8% expansion in last quarter, but Trump’s trade tariffs ‘threaten economic growth’ – business live

Rolling coverage of the latest economic and financial newsTrump’s tariff threat sets stage for bitter global trade warTrump’s tariffs will lead to higher prices in the shops, and weaker currencies for Canada, China and Mexico, explains Holger Schmieding, chief economist at Berenberg Bank.Schmieding saysTaken at face value, such tariffs could raise the level of US consumer prices by c1% within a year if we assume that producers and distributors can pass on roughly 70% of higher import prices to consumers at a time of buoyant domestic demand. However, a depreciation of the Canadian, Mexican and Chinese currencies relative to the US dollar will likely absorb a significant part of that impact, perhaps up to half as a back-of-the envelope guess.Trump’s tariff statement is probably merely the...

Economics

25 minutes ago Awkward moment Martin Lewis calls out a woman for using a calculator to work out 'simple sum' on live TV

The money saving expert, 52, was explaining lifetime ISAs on The Martin Lewis Money Show Live on ITV when the awkward interaction took place.

Events

26 minutes ago Wizz Air advert banned for giving people 'misleading impression of their flights'

An advert for Wizz Air has been scrapped by Advertising Standards Authority (ASA) for misleading their customers with the claim 'one of the greenest choices in air travel'

Events

38 minutes ago London travel news LIVE: Flooding causes rail chaos as Elizabeth line suspension is lifted

London’s roads and railways have been hit by flooding as Storm Conall struck, and various stations evacuated

Events

49 minutes ago BBC Strictly Come Dancing's Montell Douglas sparks fears with Johannes Radebe announcement after dance

The pair will be looking to bounce back during the next live show on Saturday night (November 30) after having to fight for their place quarter-final

Politics

50 minutes ago Mishal Husain’s best takedowns of politicians on BBC Radio 4’s Today programme

Mishal Husain has been responsible for some of BBC Radio 4’s most memorable on-air clashes with politicians.

Politics

52 minutes ago UK politics live: Badenoch says Starmer should ‘resign and find out’ how Tories would fix things

The prime minister’s clash with the Tory leader comes as MPs continue to voice their opinions over the upcoming assisted dying vote in the Commons on Friday

Politics

71 minutes ago Storm Conall live: Danger to life warning issued as hundreds of flood alerts in place

Fears more homes will be flooded just days after Storm Bert battered country

Events

80 minutes ago UK politics LIVE: Starmer refuses to rule out further tax rises at fiery PMQs

The prime minister’s clash with the Tory leader comes as MPs continue to voice their opinions over the upcoming assisted dying vote in the Commons on Friday.

Politics

81 minutes ago Starmer refuses to rule out further tax rises when challenged at PMQs to repeat what Reeves told CBI – UK politics live

PM said he was not going to write the next five years of budgetsWilliam Hague has achieved a rare Tory election victory; he has won the contest to be Oxford University’s next chancellor.The university has released the figures for the final round of voting, where the winner emerged after the final five candidates were ranked using the alternative vote system. The runner up was Elish Angiolini, the lawyer and academic. Continue reading...

Politics